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Wednesday
December 2018
5:47 PM IST
News Headlines
Aussies will fight back, but India has upper hand: Ghavri        World Tour Finals: Tough road ahead for Sindhu; Sameer too eyes knockout berth        Govt should consider 100% FDI in multi-brand retail trade: CII report        Shaktikanta Das named new RBI Governor        Khashoggi, other journalists named Time 'Person of the Year'        May tours Europe in desperate bid to save Brexit deal        Three policemen killed in Shopian by terrorists; weapons snatched        13 of 19 Rajasthan ministers lose elections; CM Vasundhara Raje retains her seat        Clear message to Modi that People are unhappy and it is time for change: Rahul on poll results        Cong leads in R'than, Chhattisgarh and MP; TRS races ahead in Telangana, MNF in Mizoram        Shakhtar prepare for home match 700 kilometres from home        AC Milan let Inter off the hook with Torino stalemate        Sensex cracks over 550 pts; Nifty drops below 10,600        Trump's potential next chief of staff pick leaving White House        UK PM faces fight for her political life in Brexit deal        BJP mocks Oppn meet, asks them to reveal PM candidate's name        RBI Governor Urjit Patel makes loud noise with silent exit        RLSP chief Upendra Kushwaha resigns from Union council of ministers        1st Test: India in cruise control as Australia reduced to 104/4 chasing 323        Over 16000 runners take part in Pune Half Marathon        
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International News
Not only banks, Nirav Modi also defrauded individuals with fake diamonds
 
(New Delhi, Oct 08, 2018):Nirav Modi's victims are not limited to banks as there are now cases that show he also defrauded individuals of thousands of dollars.

According to a report in the South China Morning Post, Nirav allegedly sold fake diamond rings to a Canadian national for US$200,000. His loss, the victim Paul Alfonso says, is not limited to money as it also cost him his girlfriend and pushed him into depression.

“This affected the relationship between my ex-fiancée and her family. They think that I went out and bought these fake rings and proposed to her,” the publication quoted Alfonso.

As per the report, Alfonso met Modi a few times in 2012 and developed a respect for him. “In a way, I admired him and I looked up to him.”

Unaware of the financial irregularities cases listed against him, Alfonso, in April this year, mailed Modi asking for a ring at a budget of US$100,000 to propose his girlfriend. He was delivered a 3.2-carat round brilliant diamond cut, D colour, VVS1 – a high-quality grade and colourless stone at US $120,000. Later, he again bought a 2.5 carat oval diamond for US$80,000 from Modi.

Alfonso then used these rings to propose his girlfriend.

However, despite assurances from Modi, he never received any invoice and authenticity certificates. Feeling "uncomfortable", he took the rings to an appraiser and found that the stones were fake.

This case is not the first of it's kind. In February this year, News18 reported that the diamond czar had sold substandard and fake diamonds to many customers.

Citing a diamond expert, the report said Modi's companies also gave fake certificates of jewellery to win customers' trust.


Khashoggi, other journalists named Time 'Person of the Year'
May tours Europe in desperate bid to save Brexit deal
Trump's potential next chief of staff pick leaving White House
UK PM faces fight for her political life in Brexit deal
Iran arrests 10 over suicide attack on police
Trump chooses new Joint Chiefs of Staff chairman, against Mattis wishes
Merkel gets boost with ally's party win
Rouhani warns weakened Iran less able to fight trafficking
Trump may nominate Heather Nauert as UN Ambassador: Reports
Qatar injects more cash into Gaza for Hamas employees
Singer Mika Singh Detained in Dubai for Sending Obscene Messages to 17-year-old: Reports
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Pakistan slashes non-salary budget by 10%
Moscow dismisses 'groundless' US claim Russia breaching arms treaty
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Nigerian President denies death, body double rumours
France to consider state of emergency to prevent worst civil riots: govt spokesman
India To Host G20 Summit In 2022, 75th Year Of Independence, Says PM Modi
ENTERTAINMENT NEWS
Vaikom Vijayalekshmi ties knot with Anoop
 Vaikom: Playback singer Vaikom Vijayalekshmi has tied knot with Anoop N. at Vaikom Mahadeva temple.  
Mohanlal's Odiyan: Official trailer launched
Mammootty narrates Odiyan's intro?
Sradha Kapoor as Saina Nehwal: First look poster is out.
KERALA NEWS
Activist Rehana Fathima, Who Attempted Sabarimala Trek, Arrested Over Facebook Post
 (Kochi, Nov 28, 2018): Model and activist Rehana Fathima, who tried to reach Kerala's Sabarim
Good news for Keralite Nurses: IELTS cut-off reduced to 6.5
BJP leader K Surendran, 71 others granted bail
Sabarimala protests: Arrests up to 2061, Kerala HC warns police
NATIONAL NEWS
Three policemen killed in Shopian by terrorists; weapons snatched
 Three policemen were killed Tuesday when Pakistan-based Jaish-e-Mohammed terrorists attacked a guard
13 of 19 Rajasthan ministers lose elections; CM Vasundhara Raje retains her seat
Clear message to Modi that People are unhappy and it is time for change: Rahul on poll results
BJP mocks Oppn meet, asks them to reveal PM candidate's name
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